The subsidiary of US asset manager Legg Mason suffered a delay to the launch, but is now about to launch the product, which combines listed infrastructure, Reits and utilities.
Tag : martin currie
The UK equity house is readying a vehicle focused on Asia Reits and infrastructure that will target institutions. Meanwhile, CEO Willie Watt praised Beijing's recent regulatory climbdown.
The UK fund house will be hoping veteran manager Paul Kirkby can boost the negative recent performance of its Japan long/short strategy.
Legg Mason's acquisition of Scottish equities boutique Martin Currie comes after the US fund house closed its Esemplia Emerging Markets affiliate last year.
This is part of a global initiative, says Steve McCole, the UK fund house’s equity dealer in Singapore. He also cites a study the firm has done showing the cost savings of trading locally in Asia.
The UK-based equity house is seeking a sales rep in Singapore to spearhead fundraising as it strives to bring total Asia-Pacific sourced AUM to 25% by 2018, from 16% today.
The UK firm’s China long/short equity strategy – which at one stage returned about 16% annually – reaches an end after a tumultuous recent history, shuttering with less than $10 million in AUM.
First State reshuffles responsible investment team, Dymon names CEO, Coutts adds in tax and wealth structuring, Amundi names VP of China institutional sales, and Hyperion hires a new dealer and analyst.
The UK asset manager will relocate an executive from Scotland to Singapore to replace Jean-Luc Eyssautier.
Martin Currie’s emerging-market investor Kim Catechis says the next decade’s growth opportunity is intra-EM, but worries that wealth has led to complacent policymaking.
Singapore-based APS Asset Management will make its China equity strategy available to Martin Currie’s global clients.
Portfolio manager Chris Ruffle will leave Martin Currie due to a conflict of interest over a convertible bond investment. Meanwhile, the firm is searching for three new executives.